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Tron’s DApps record $15.9 million in 24-hour volume; beat EOS and Ethereum

Namrata Shukla

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Source: Pixabay


The twelfth largest cryptocurrency according to CoinMarketCap, Tron [TRX], might have missed making a mark with respect to its price. However, its DApps have taken over the task of contributing significantly to its environment. Tron, in their latest announcement about the Odyssey 3.6 upgrade, had prioritized entertainment-focused decentralized applications [DApps].

Tron’s Chief Executive Officer, Justin Sun, recently announced that Tron’s DApps were beating EOS and Ethereum [ETH] DApps, with a 24-hour volume of $15.9 million. The CEO tweeted,

“According to @dapp_review, #TRON #Dapp 24h volume is $15.9 M(475M #TRX) with 24h users 50.9k, which already surpassed that of #ETH($9M) and #EOS($12.3M).”

Source: Twitter

Source: Twitter

Apart from registering the highest 24-hour volume, Tron DApps also noted the highest volume over the past week with $97.085 million. Tron was closely followed by EOS with $95.778 million and Ethereum [ETH] with $51.665 million. However, in terms of transactions, EOS led the market with 4 million on June 19, followed by Tron reporting 73,997.

With Odyssey 3.6 bringing in hordes of changes in the ecosystem, it will allow contract deployers to clear the contract’s existing ABI and add enhancement protocol data-checks, in order to prevent any foul play on the chain. The update will also implement a more lightweight built-in event server to provide convenience to DApp developers, allowing them to customize their own event service.

At press time, Tron was valued at $0.0332 with a market cap of $2.217 billion. The 24-hour trading volume of the coin was noted to be $529.58 million, as it plunged by 0.55% over the day. Over the past week, TRX noted a fall of 0.02% and continued to tumble by 0.52% within the hour, at press time.





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